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General Motors shows electric HUMMER at China International Import Expo
General Motors shows electric HUMMER at China International Import Expo

General Motors showcased its Ultium platform and signature vehicles, especially an Ultium powered electric HUMMER at the Fourth China International Import Expo (CIIE) in Shanghai.

Nov. 6 , 2021
Gasgoo Daily: NIO-SINOPEC co-developed battery swapping station starts operation in Guangdong
Gasgoo Daily: NIO-SINOPEC co-developed battery swapping station starts operation in Guangdong

​With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Nov. 5 , 2021
Changan’s Avatr adds CATL as new investor, NIO’s stake reduced
Changan’s Avatr adds CATL as new investor, NIO’s stake reduced

When the deal completed, Changan’s stake in Avatr will be reduced from 95.38% to 39.02% while NIO’s will be diluted to 1.13%.

Nov. 5 , 2021
Momenta lands biggest investment in China’s autonomous driving field, worth over $1 billion
Momenta lands biggest investment in China’s autonomous driving field, worth over $1 billion

China’s autonomous driving startup Momenta has closed its C+ round of financing worth over $500 million, marking the largest financing movement in China’s autonomous driving development history.

Nov. 4 , 2021
Gasgoo Daily: Tesla halts “0 down payment” financial plan
Gasgoo Daily: Tesla halts “0 down payment” financial plan

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Nov. 4 , 2021
SAIC Motor sees Jan.-Oct. sales edge down 0.21% YoY
SAIC Motor sees Jan.-Oct. sales edge down 0.21% YoY

For the first ten months of 2021, SAIC Motor sold a total of 4,201,180 new vehicles, representing a 0.21% slight drop year over year. The group's monthly sales reached 582,137 units in October, sliding 2.4% from the year-ago period.

Nov. 4 , 2021